A career at the Lombard Odier Group is something to be proud of. Our mission is to protect and grow our clients’ wealth - but not by any means necessary.
Sustainability is at the heart of everything we do and we treat our clients’ wealth as if it were our own. We protect our clients’ assets for the long-term using expertise and innovation, all underpinned by our Rethink Everything philosophy.
Our colleagues are the foundation of our success. We employ people at different life stages, from graduates to executive level leaders.
The one thing they all have in common is that they seek to challenge the status quo, are imaginative and have the ability to offer a fresh perspective.
Within the Operations Department of Lombard Odier Europe (LOESA) :
1. Key Responsibilities
Invoicing of orders executed on securities markets. Ensure the accuracy of the charges between client and market side and correct them if needed.
Understand the corporate action flow as well the income payment. Contact the relevant department within the group in case of discrepancies in corporate events.
Daily check of the advices generated on T-1.Booking and monitoring of the securities transfers for client portfolios.Validation and booking of cash transfers both for client and internal accountsEnsure that a four eyes check is always performed when introducing any transaction in the system.
Reconciliation of securities and cash transactions using the XMS softwareValidation of fiduciary depositsEnsure the cash management across all Nostro accounts of Lombard Odier (Europe) S.
A.Undertake the priorities based on the objectives of the department, ensuring the quality and effectiveness of all operational transactions (measured by a reversal rate of less than 1%)Resolution of operational queries post by LOESA branches in a timely mannerManagement of transactions related to Non Deposited Accounts
2. Management and Reporting
Reporting to the LOESA Head of OperationsManagement of new joiners Junior Operation Officers (if any)
3. Counterparties and clients
Internal Auditors Key External Contacts : Custodian and counterparties
4. Systems Used
XMS : reconciliationG2 : core system to follow the positions, the transactions, static data of stock and clientNegoce : Invoicing applicationCash TransferFiduciary Back : Validation of Fiduciary transactionsSecurities transfer application
Financial risk : release of cash not validated, bad charges in the account of customersReputational risk
6. Skills and knowledge requirements
Qualifications / education required : bachelor degree
Experience required : 3 year-experience
Competencies, soft skills :
Organization skills and sense of prioritiesStress resistantAccurate and methodicTeam player
Language skills : strong oral and written skills in English, French is an asset
If you recognise yourself in this description, then please do apply. We look forward to hearing from you.